Buying and selling a home in Bicester isn’t the easiest or cheapest thing you will ever do. Estate agent fees, solicitor’s fees, survey fees, mortgage fees, removal costs, the costs quickly mount up. Last week, a local landlord asked me whether the council tax band made a difference to a property’s appeal, whether it be to sell or rent and also raised an interesting question about whether an extension or home improvements made a difference to the amount of council tax you pay?
When buying or renting you should always be clear on what the council tax band will be for your new property. But what exactly are council tax bands, and how do they affect landlords/tenants/homeowners?